ASX rare earth stocks
34 companies. 25 raised in 12 months. 17 of 32 with a band have under 2 quarters of cash.
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| Company | Market cap | Stage | Cash runway | Raises 12m | Dilution risk |
|---|---|---|---|---|---|
| LYCLynas Rare Earths Limited | $13.43B | Production | no burn | 1 | Low |
| ARUArafura Rare Earths Ltd | $911.2M | FID | over 4 quarters | 4 | Moderate |
| LINLindian Resources Limited | $786.0M | Production | — | 1 | Moderate |
| MEIMeteoric Resources Limited | $669.4M | Definitive Feasibility Study | 2–4 quarters | 1 | Moderate |
| VMMViridis Mining And Minerals Limited | $488.1M | Definitive Feasibility Study | over 4 quarters | 3 | Moderate |
| DTRDateline Resources Limited | $321.1M | Definitive Feasibility Study | 2–4 quarters | 2 | High |
| NTUNorthern Minerals Limited | $219.6M | Definitive Feasibility Study | under 2 quarters | 0 | Moderate |
| VTMVictory Metals Limited | $164.6M | Pre-Feasibility Study | 2–4 quarters | 0 | Moderate |
| ARRAmerican Rare Earths Limited | $163.1M | Scoping Study | under 2 quarters | 0 | High |
| OSMOsmond Resources Limited | $116.7M | Scoping Study | under 2 quarters | 2 | Very high |
| IXRIonic Rare Earths Limited | $110.7M | Production | under 2 quarters | 9 | Very high |
| BCMBrazilian Critical Minerals Limited | $105.5M | Definitive Feasibility Study | over 4 quarters | 1 | High |
| PNNPower Minerals Limited | $69.1M | Resource | under 2 quarters | 3 | Very high |
| OCNOceana Metals Limited | $66.5M | Exploration | over 4 quarters | 1 | High |
| LRMLion Rock Minerals Ltd | $66.0M | Exploration | under 2 quarters | 1 | High |
| VHMVHM Limited | $65.5M | Definitive Feasibility Study | 2–4 quarters | 3 | High |
| CRICritica Limited | $63.6M | Scoping Study | under 2 quarters | 0 | Moderate |
| HASHastings Technology Metals Ltd | $51.5M | Definitive Feasibility Study | under 2 quarters | 3 | High |
| AR3Australian Rare Earths Limited | $21.8M | Exploration | 2–4 quarters | 1 | High |
| AKNAuking Mining Limited | $21.8M | Exploration | under 2 quarters | 4 | Very high |
| AHKArk Mines Limited | $21.0M | Scoping Study | 2–4 quarters | 1 | Moderate |
| MGUMagnum Mining And Exploration Limited | $19.3M | Exploration | under 2 quarters | 0 | High |
| VMLVital Metals Limited | $17.8M | Resource | under 2 quarters | 0 | High |
| GMNGold Mountain Limited | $12.8M | Exploration | 2–4 quarters | 2 | Very high |
| REERarex Limited | $11.6M | Exploration | under 2 quarters | 1 | Very high |
| EREEuropean Resources Limited | $10.5M | Exploration | under 2 quarters | 3* | Moderate |
| AXLAxel Ree Limited | $10.0M | Resource | over 4 quarters | 0 | Low |
| HREHeavy Rare Earths Limited | $9.5M | Resource | over 4 quarters | 1 | Moderate |
| KLRKaili Resources Limited | $9.3M | Exploration | under 2 quarters | 0 | Moderate |
| ABXABX Group Limited | $8.1M | Resource | 2–4 quarters | 3 | High |
| BSNBasin Energy Limited | $4.7M | Exploration | under 2 quarters | 1 | Very high |
| ENVEnova Mining Limited | $3.6M | Exploration | under 2 quarters | 3 | Very high |
| RBXResource Base Limited | $3.1M | Resource | 2–4 quarters | 1 | High |
| AOAAusmon Resources Limited | $2.1M | Exploration | under 2 quarters | 0 | Moderate |
One list per company. Suspended or unsupported rows are left out; * counts since a rename. How these lists work. As at 14 Nov 2026.